Hungarian Conservative

Minister of Prime Minister’s Office Gergely Gulyás stated on Friday that Hungary does not want to blackmail Ukraine over the halted transit of Russian Lukoil oil shipments via Ukraine to Hungary and Slovakia. However, Gulyás pointed out that if no solution is found in the near future, ‘other steps should be considered’.

The Hungarian government has taken a decisive step following Kyiv’s decision to halt Lukoil’s oil shipments to Hungary and Slovakia via Ukraine. According to Hungarian Minister for Foreign Affairs and Trade Péter Szijjártó, Budapest will block payments from the European Peace Facility, amounting to approximately €6.5 billion, until Kyiv restores uninterrupted oil transit.

After a long time, Europe has the opportunity to take its future into its own hands, restore its long-lost prestige, and promote peace in Ukraine. Instead, Brussels has initiated a childish vendetta against Hungary over Viktor Orbán’s peace mission. Missing such opportunities out of hubris and pettiness demonstrates the utter incompetence of the EU leadership.

Hungary and Slovakia are taking joint action against Ukraine over its halting of Russian oil shipments to the two EU member states. This move seriously threatens the long-term energy security of both countries, and is considered a violation of the EU–Ukraine Association Agreement by Budapest and Bratislava.

The level of escalation in the Middle East has risen significantly after Israel struck a Houthi-controlled port in Yemen over the weekend, marking the first such attack since the war between Hamas and Israel broke out last October. The retaliatory strike follows a deadly drone attack by the Yemeni Houthis on Tel Aviv.

Italian antifascist-attacker-turned-MEP Ilaria Salis was quick to criticize Hungary in her very first post on X as a member of the European Parliament, accusing Budapest of not having guaranteed her fundamental rights due to her political beliefs as an antifascist while she was in custody and under house arrest. Zoltán Kovács, Hungarian State Secretary for International Communication and Relations, responded by calling on Salis’ defenders to ‘stop whitewashing a communist terrorist who led a group that almost killed someone on the streets of Budapest in broad daylight.’

New sanctions by the Ukrainian government have forced oil transports from the Russian oil procedure Lukoil to be stopped to Hungary and Slovakia. However, Hungary is still receiving gas shipments from Russia uninterrupted through the TurkStream pipeline.

As Itamar Eichner phrased in his Ynet News article, ‘Without the opposition from Israel’s friends in the EU, such as Hungary, the Czech Republic, Austria, and Germany, the EU might have already passed sanctions against Israel. Foreign policy decisions in the EU require consensus, which Israel’s allies prevent.’

Minister of Foreign Affairs and Trade Péter Szijjártó discussed the consultations between Hungary and Türkiye at the NATO summit as part of the ‘peace mission’ initiated with Hungary’s assumption of the rotating EU presidency.

In December last year a new law created a distinct category for ‘EU minorities’ in Ukraine (such as the Hungarian and Romanian ethnic minorities) that now have access to more privileges than for instance the Russian minority. Later, as a sign of goodwill to better relations, Foreign Minister Péter Szijjártó visited Ukraine. Now, with the meeting between Orbán and Zelenskyy the two country’s relationship is officially warming up. If in the long-term Budapest does manage to considerably contribute to peace between Russia and Ukraine, as it clearly intends to, it might have a long-lasting positive impact on bilateral relations.

The UN General Assembly adopted a resolution initiated by Hungary by full consensus to declare 19 May World Fair Play Day. Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó called the negotiation process a huge success, resulting in a global coalition.

On 21 June a joint press conference was held by UAE Minister of Economy Abdulla bin Touq Al Marri and Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó. During the conference, an agreement to deepen bilateral relations through agricultural cooperation was announced. The ministers also highlighted the significance of the New Millennium Centre construction project in Budapest, which is backed by a substantial investment of 5 billion EUR from the UAE.

The European Union will support arms shipments to Ukraine using a portion of the frozen Russian assets. The foreign ministers of the Member States decided on this issue on Monday, excluding Hungary from the decision-making process. Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó described the decision as a ‘shameless disregard of European rules’.

Minister of Foreign Affairs of the State of Israel Israel Katz visited Hungary recently for the first time since he took up office. He met with President of Hungary Tamás Sulyok, Minister of Foreign Affairs and Trade Péter Szijjártó, and the leaders of the Hungarian Jewish communities. The main aim of the visit was to determine, with Hungary soon taking over the presidency of the EU, how Budapest and the Union would take action against anti-Israel efforts in the next six months.

Péter Szijjártó held a joint press conference with his Israeli counterpart Israel Katz this Monday, where they discussed the horrific attack on Israel by the terrorist group Hamas on 7 October 2023, as well as the subsequent increase in antisemitism in the West.

According to a statement from the Hungarian Ministry of Foreign Affairs and Trade, at the Ukraine peace summit on Sunday Szijjártó highlighted that he represents a neighbouring country to Ukraine, one that has lived in the shadow of war for nearly two and a half years, and has directly faced the humanitarian consequences of the conflict.

One of the main priorities of the Hungarian EU Presidency, which starts in July, is to increase the EU’s competitiveness. Preparations are already well underway, and on Tuesday, Hungarian Prime Minister Viktor Orbán met with the leaders of the European Roundtable for Industry to gather their advice and develop an effective Hungarian programme.

The Hungarian MVM Group is set to buy a stake in Shah Deniz, one of the world’s largest natural gas fields, in Azerbaijan. This move will significantly strengthen Hungary’s energy supply and represents another major step towards independence from Russian energy sources.

Hungary’s Honorary Consulate has opened in Monaco, allowing Hungarians to vote in the European Parliament elections on 9 June at a record of 147 foreign locations. Minister of Foreign Affairs and Trade Péter Szijjártó pointed out the significance of 9 June, calling it possibly the most crucial day in modern European history.

‘Within a few years, Hungary will be among the five countries in the world capable of manufacturing over one million cars annually,’ Péter Szijjártó stated, announcing a new investment in Zalaegerszeg by US Flex.

Foreign Minister Péter Szijjártó of Hungary claimed that Hungary will not back outgoing Dutch Prime Minister Mark Rutte’s candidacy for NATO Secretary General since he had made comments about ‘bringing Hungary to its knees’ in the past, He also added that ‘if a threat is from the East, then maybe the Secretary General should also be from the East’.

Monday’s Foreign Affairs Council meeting was incredibly tense, with Péter Szijjártó coming under enormous pressure regarding the fourteenth sanctions package and the additional military and financial support to be provided to Ukraine. EU foreign ministers continue to criticize the Hungarian government for its pro-peace stance, which it has consistently maintained since the outbreak of the war.

The strengthening of bilateral relations has led to increased participation of Hungarian companies in Uzbekistan. A notable instance of this involvement is the successful acquisition by OTP Bank of a majority share in Ipoteka Bank, the fifth largest bank in Uzbekistan, in December 2021. This year’s Business Forum in Tashkent further deepened the participation of Hungarian companies in the Uzbek market through 137 business-to-business (B2B) and government-to-business (G2B) meetings. These meetings spanned several sectors, including banking, finance, agriculture, transport and logistics, mechanical engineering, pharmaceuticals, and water management, among others.

The HDZ-led coalition won 34.4 per cent of the votes in the general election, while the Rivers of Justice got 25.4 per cent of the vote, with a turnout of 62.3 per cent. These results give a hint as to what the outcome of the upcoming European Parliament elections may be. (In the EP HDZ is part of the European People’s Party, while SDP is a member of the Progressive Alliance of Socialists and Democrats (S&D).) Precedent shows that if two elections are held shortly after each other the party that won the first election is likely to slightly improve its vote share in the subsequent election.

The recent visit of Hungarian Foreign Minister Péter Szijjártó to Brunei underscores Hungary’s strategic intent to strengthen its relationships with burgeoning economic regions, notably the Association of Southeast Asian Nations (ASEAN). It also signals one of Hungary’s foreign affairs objectives during its forthcoming presidency of the Council of the EU.

The value of the three-part investment is HUF 26 billion, with the government providing approximately HUF 900 million in support, Minister of Foreign Affairs and Trade Péter Szijjártó announced on 23 May. The minister highlighted at the inauguration ceremony of Siemens Energy Ltd’s new plant that the German conglomerate will manufacture gas turbine burners in its new multifunctional facility and establish a dual training centre there, equipping Hungarian professionals with the knowledge needed for using the latest technologies.

Slovak Prime Minister Robert Fico is in a stable but very serious condition after he was shot at point-blank range by a 71-year-old perpetrator, described as a poet and political activist in media reports, on Wednesday afternoon. The international community responded with shock to the news of the attempted assassination, as world leaders expressed their support for Slovakia.

After months of negotiations, it appears that a right-wing government may soon be established in the Netherlands. Although Geert Wilders will not serve as the head of government, Viktor Orbán’s ally will still have a significant influence on the Dutch administration, given that he leads the largest party in parliament.

The European Commission has introduced an unprecedented proposal for sanctions: punitive measures targeting Russian liquefied natural gas. Hungary opposes the new sanctions package for fear that it may risk destabilizing the European energy market and drive up prices.

The Minister of Foreign Affairs and Trade described the Chinese President’s three-day visit with a 400-member delegation as historically significant. He explained that it has been twenty years since a Chinese President last visited Hungary; moreover, this year marks the 75th anniversary of the establishment of diplomatic relations between the two countries.